Flat for sale in Lion Court, Great Knollys Street, Reading RG1

£275,000
Interested in this property? Call +44 118 443 9283 * or Request Details

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Flat for sale - 2 bedrooms

2 2 1

Tenure:
Leasehold
Time remaining on lease:
105 years
Service charge:
£1,804 per year
Ground rent:
£100
Council tax band:
C

Property features

  • Two bedrooms; two bathrooms.
  • Gated allocated parking
  • First floor position with private balcony
  • Can be purchased with or without tenants, possible gross rental yield of 5.9%
  • Good spec & well fitted kitchen and bathrooms
  • Excellent location for mainline train station

Property description

An impressive first floor 2 bedroom apartment apartment with a private balcony. An excellent central location which allows for swift access to the town centre & mainline train station, there is an allocated parking space accessed via secure gated entrance. The property makes for an excellent investment or first time purchase, has a good lease and reasonable charges.

Parking

The apartment has an allocated space in the gated private car park.

Possible Rental Yield

The existing tenancy is running periodic, we believe the current rental value for a furnished let would be £1400 per calendar month which based on the asking price represents a possible gross rental yield of 5.9%

Lease Details

Years remaining: 105
Service charge: £1,804 pa
Ground rent: £100 pa
Ground rent review period: Every 25 years, next review 2028 doubling to £200

lease note: Lease and service charge details are provided as a guide and are based on information supplied by the seller

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Haslams Estate Agents, RG1 on +44 118 443 9283 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Haslams Estate Agents, and do not constitute property particulars. Please contact Haslams Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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